Autoliv (NYSE:ALV) Given New $90.00 Price Target at Robert W. Baird

Autoliv (NYSE:ALV) had its price target decreased by Robert W. Baird from $105.00 to $90.00 in a research note released on Tuesday,Benzinga reports. Robert W. Baird currently has a neutral rating on the auto parts company’s stock.

A number of other analysts have also issued reports on ALV. StockNews.com lowered shares of Autoliv from a “buy” rating to a “hold” rating in a research note on Thursday, April 3rd. Cowen started coverage on Autoliv in a research note on Thursday, March 6th. They issued a “buy” rating on the stock. Pareto Securities downgraded Autoliv to a “hold” rating in a research report on Monday, February 3rd. Hsbc Global Res cut shares of Autoliv from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Finally, Wells Fargo & Company dropped their price objective on Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a research note on Monday, December 16th. Eight equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $112.64.

Autoliv Stock Down 0.5 %

ALV stock opened at $86.40 on Tuesday. Autoliv has a one year low of $75.49 and a one year high of $129.38. The company has a 50 day moving average price of $90.87 and a two-hundred day moving average price of $94.37. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. The stock has a market capitalization of $6.69 billion, a P/E ratio of 10.71, a PEG ratio of 0.73 and a beta of 1.47.

Autoliv (NYSE:ALV) last announced its quarterly earnings results on Wednesday, April 16th. The auto parts company reported $2.15 EPS for the quarter, topping the consensus estimate of $1.72 by $0.43. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. The company had revenue of $2.58 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same period in the prior year, the firm posted $1.58 earnings per share. As a group, sell-side analysts expect that Autoliv will post 9.51 EPS for the current year.

Autoliv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were given a dividend of $0.70 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.24%. Autoliv’s payout ratio is 32.22%.

Insider Activity at Autoliv

In other Autoliv news, insider Magnus Jarlegren sold 1,289 shares of Autoliv stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total transaction of $127,391.87. Following the completion of the transaction, the insider now owns 6,142 shares in the company, valued at approximately $607,013.86. The trade was a 17.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Mikael Bratt sold 5,760 shares of Autoliv stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total value of $569,664.00. Following the transaction, the chief executive officer now owns 23,307 shares of the company’s stock, valued at $2,305,062.30. This represents a 19.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,253 shares of company stock valued at $915,534 in the last ninety days. Corporate insiders own 0.20% of the company’s stock.

Institutional Investors Weigh In On Autoliv

A number of institutional investors have recently bought and sold shares of the stock. UMB Bank n.a. lifted its position in Autoliv by 139.5% during the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock valued at $26,000 after buying an additional 159 shares in the last quarter. AlphaQuest LLC increased its position in shares of Autoliv by 74.4% during the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock worth $29,000 after acquiring an additional 134 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Autoliv by 122.9% during the 1st quarter. GAMMA Investing LLC now owns 370 shares of the auto parts company’s stock valued at $33,000 after buying an additional 204 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in Autoliv during the 1st quarter worth $44,000. Finally, Twin Tree Management LP bought a new stake in Autoliv in the fourth quarter valued at about $50,000. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Autoliv Company Profile

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies.